HomeMy WebLinkAboutSOB14-003 Bill Hagan, LLC First AmendmentI
FIRST AMENDMENT TO AGREEMENT BETWEEN
SENIORS ON BROADWAY, LP AND
BILL HAGAN, LLC
IS F • ST AMENDMENT("First Amendment")is effective as of the day of
Al tali % , 2014 by and between Bill Hagan, LLC, a Colorado limited liability company
"Contractor") and Seniors on Broadway, LP, a Colorado limited partnership (hereinafter"SOB"
or"Owner").
RECITALS
WHEREAS, SOB and Contractor entered into an agreement dated the 5th day of November,
2013, for certain Services (the "Original Agreement"); and
WHEREAS,the term of the Original Agreement expires on the 4th day of November, 2014 and
the parties desire to extend the term of the Original Agreement for an additional year on the same
terms and conditions as set forth in the Original Agreement and as set forth herein.
FIRST AMENDMENT
NOW THEREFORE, in consideration of the foregoing and the mutual rights and obligations as
set forth below, the parties agree as follows:
1. The Original Agreement shall be amended to extend the term to the 31st day of
October, 2015.
2. Paragraph 4.1 of the Original Agreement shall be amended to read as follows:
"4.1 For the Services to be provided hereunder, Owner will pay Contractor the amount
of thirty-eight dollars per hour($38.00/hour). Prior to commencement of Services,
Contractor shall first provide Owner with a cost proposal containing an "amount not
to exceed",which sum shall include the cost of the labor at the rate set forth above,
any materials to be supplied by Contractor, or other amounts necessary to complete
the Services. Further, each cost proposal and the Services identified in each such
proposal shall be subject to and will be performed in accordance with the terms of
this Agreement. Each cost proposal must be approved by the Owner's representative
prior to commencement of any Services by Contractor. Total compensation for
Services under this Agreement shall not exceed eight thousand dollars ($8,000)
without a written amendment signed by both parties. In the event of a conflict
between this Agreement and the terms of any cost proposal, this Agreement shall
control."
3. Capitalized terms in this First Amendment will have the same meaning as in the
Original Agreement.To the extent that the terms and provisions of the First
Amendment conflict with,modify or supplement portions of the Original Agreement,
6br310'00
the terms and provisions contained in this First Amendment shall govern and control
the rights and obligations of the parties.
4. Except as expressly altered, modified and changed in this First Amendment, all terms
and provisions of the Original Agreement shall remain in full force and effect, and are
hereby ratified and confirmed in all respects as of the date hereof
5. This First Amendment shall be binding on the parties hereto,their heirs, executors,
successors, and assigns.
1N WITNESS WHEREOF,the parties hereto have executed this First Amendment to the Original
Agreement the day and year first above written.
Seniors on Broadway LP
By Seniors on Broadway LLC, its general partner
By Golden Eagle Elderly Housing Corporation, its
sole member
By: -- A114
Jill K ennan, Executive Director
CONTRACTOR
BILL HAGAN,LLC
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SNROB Am Term Final 5/14
